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Vimeo Relocating NYC Headquarters within Penn District

Vimeo is relocating its New York City headquarters to Haymes Investment Company’s 5 Penn Plaza from 330 W. 34th St. The video hosting and sharing company, recently acquired by Bending Spoons, will occupy a newly constructed 15,172-square-foot prebuilt space on a portion of the building’s 15th floor.

Avison Young principals Joe Gervino and Larry Zuckerman and director Alexis Odgers represented Vimeo. Haymes was represented by JLL’s Mitchell Konsker, Daniel Turkewitz, Greg Wang, Christine Colley, Kristen Morgan and Kate Roush. Ownership has invested approximately $45 million into new infrastructure, lobby, café, amenities, and building systems at 5 Penn

“The Penn District’s ongoing revitalization continues to attract and retain leading companies, and Vimeo’s decision to remain in the neighborhood while relocating its headquarters to 5 Penn Plaza is a strong example of that trend,” said Odgers. “The neighborhood has emerged as one of Manhattan’s premier office destinations, driven by significant investment in modernized buildings, transit improvements and an expanding mix of amenities.”

Read More News Stories About: Avison Young, JLL
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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 19-plus years’ experience covering the commercial real estate industry and 35-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 11-15 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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